The Guide To Real Estate Investing Book – A Review

Have you ever wondered if there was one resource for people interested in real estate investing, like the Guide To Real Estate Investing book? There are several of them, although none have exactly that title. I’ve read many of them, and I will give you my recommendations in this article.

When you’re looking for a comprehensive guide like the Guide To Real Estate Investing book, you need to understand that there is not one single book that will be all things to all people. Different investors will be looking for different information, depending on the type of investing they’re interested in. If you’re interested in residential income property, the Guide To Real Estate Investing book you choose will be different than if your interest is in commercial real estate or apartment complexes.

In other words, there isn’t one, definitive resource known as the Guide To Real Estate Investing book.

My experience and expertise are in residential real estate, such as single family homes and duplexes. Therefore, this discussion will focus on the Guide To Real Estate Investing book for that type of investment real estate.

Two of the best books I have read on residential income property, both of which could be seriously considered as the Guide To Real Estate Investing book, are Steve Cook’s “Wholesaling For Quick Cash” and “The No-Nonsense Real Estate Investor’s Kit: How You Can Double Your Income By Investing in Real Estate on a Part-Time Basis” by Thomas Lucier.

These books offer two different approaches to real estate investing, both of which are excellent. Steve Cook’s “Wholesaling For Quick Cash” is really a full-fledged real estate investing course, giving you a complete strategic plan for breaking into the world of real estate wholesaling. It qualifies for consideration as the Guide To Real Estate Investing book because it’s a self-contained investing philosophy and plan.

Lucier’s book, “The No-Nonsense Guide” is a book that gives you a complete, basic run-down of the important considerations when considering beginning real estate investing, as well as some complex and effective advanced strategies. This one is a sure-fire candidate for the Guide To Real Estate Investing book.

Of course, there are plenty of other excellent candidates for the Guide To Real Estate Investing book- these two are simply my favorites. If you have found a resource you think warrants consideration for the Guide To Real Estate Investing book, why not email me and let me know?

For now, check out my website, where I have tons more resources for investors, and some of the best articles and stories on real estate investing you’ll find anywhere! Hope you enjoyed this little article on the Guide To Real Estate Investing book.

Now, go make more offers!

An Education In Real Estate Investing Can Be Your Best Investment

There are many people that are venturing out and searching for additional ways to make additional income. That is to be expected when it comes to real estate. Real estate has been a popular investment for many years. Many millionaires made their first million dollars in real estate. So it should come as no surprise that Real Estate Investing is being glamorized by celebrities like Donald Trump and various television shows that depict real estate investing as a big money maker.

Real Estate Investing can be all that celebrities and television program make it out to be, but it is not as easy as it looks. Real Estate Investing requires knowledge of different techniques that can be used when trying to buy, sell, negotiate or repair a house. Without this type of specialized knowledge real estate investing can be a monumental disaster.

Having laser specific knowledge can mean the difference between success or failure. Knowledge is what separates those that invest in real estate and those that talk about investing in real estate. The knowledge that is required is not difficult to master. In fact, just about anyone can be a successful real estate investor. I have seen people from all walks of life and educational backgrounds go on to be successful real estate investors. One man that I know and admire very well became a successful real investor despite the fact that he first had to learn how to read. It is possible for anyone to learn how to invest in real estate.

Who should learn more about real estate investing? Anyone that is considering buying property as an investment should become educated before doing so. Rentals, foreclosures, rehabs, lease options and various other techniques are tried everyday by real estate investors. In most cases however, only the investors who have taken the time to educate themselves will be successful.

Also, anyone that is considering buying or selling houses on their own (without a realtor) is at considerable risk of financial loss if they don’t get an education before venturing out into unchartered waters.

There are many different types of educational opportunities. One can always purchase books from the local bookstore to get some advice. There is also a large number of websites that cater to real estate investing. Some of these sites will sell home study courses that, in some cases, give a thorough, explanation, training and education on various real estate investing topics. One may also find coaching and mentoring online to help those that don’t believe they are quite comfortable enough yet to do real estate deals on their own. Some colleges and Universities have also started to teach real estate investing.

It is never too early to start the educational process. Real Estate Investing can be a very lucrative business. It can also bankrupt those that are not ready to invest or that do not understand how to minimize the risks that come with the real estate investing territory. In the end every one that invests in real estate is doing so at their own risk. A proper education in real estate investing is a great way to minimize that risk and start one on a path of financial freedom.

The “Real Estate Bubble” is a Hoax

Those who watch television and listen to the media long enough, more than likely will begin to hear about the real estate bubble and its affects on the national economy and stock market. Recently, the media has begun to talk about their theory that the bubble is soon to burst, and they have done an excellent job of creating a hype about their theory, which actually has no merit whatsoever. Before investors get taken away in a media hype that suggests the real estate bubble is going to break, one needs to get a basic understanding of the real estate market and how it works.

First of all, it is important to understand that, in reality, there is no national real estate market. The real estate market is much more localized and can not be studied or judged on a national level. From state to state, and even from town to town, the real estate market is going to vary greatly, and it is a grave error to try to base your understanding of real estate on a supposed national market that does not exist.

It is also important to understand that the real estate market as a whole neither explodes nor crashes. Real estate is a market that can go down in some areas while going up in other areas. Even when the market does appear to be going down in some places, much of the time it has only fallen flat instead of continuing to increase, which makes it appear like there is a problem with value going down. Even when the real estate market goes up or down, it takes a long time to see changes that occur across the board. While real estate prices do fluctuate and go through cycles, it is important to realize that the economy of a country is not going to crash if property values start to go down a bit or they hold steady instead of increasing.

Some people tend to view the real estate market as they do the stock market, and the two are very different. The real estate market cannot be viewed as a national market, and much of the time, it is actually based on local economies and how they are doing. On the other hand, the stock market is based on national merit and the rise and fall of the stock market has very little to do with the price of real estate.

In some communities, it is true that the price of real estate is going down, but if one looks closely, there are a variety of reasons that cause it to lose value. In some cases, it is simply the fact that a city has built too many new houses, which can make it appear as if the real estate market is going down. If you are going to invest in real estate, there are a variety of economic trends that you should consider to be sure that the market is going to stay strong in the area.

One thing that assures a strong real estate market is the arrival of more and more immigrants to the United States every year. Another thing that assures a strong real estate market is the later age at which people are getting married. Many are not getting married until they are in their middle to late 30s and this is resulting in even more single people purchasing their own homes. The interest rates are also helping to keep the real estate market strong, and since they are lower than ever before, it is easy for people to get the home loan they need.

Those who are interested in investing in real estate need to throw away the concept of the real estate bubble and the idea of a national real estate market. Broad statistics, including national, state, and even city statistics, will, in reality, be no help when you are looking for properties to invest in. It is more important that investors look closely at the real estate market in certain neighborhoods and communities and that they look at relevant material such as average prices in the area, number of times the property has been on the market, and how the sales prices have changed since the last year. Keeping your focus local and small will help you find the best real estate investment properties.

While the media may be trying to convince people that the real estate bubble is about to burst and that there may be a real estate market crash, there is no proof to back this up. In some cases, people are not building as many homes as a result of this news and it is actually causing real estate prices to go up since the demand is high and the supply is low. Investors need to understand that the market need not affect how successful they can be as a real estate investor. Investors that understand how real estate works will be able to find great investment properties that will make them money.

Being successful as a real estate investor does not depend on the market or the real estate bubble, but it depends on how good an investor is at their job. Those who take the time to study communities and to look at local statistics will be able to find the best places to invest. If an investor relies on the media, there may be failure in the future, but a well planned and well studied investment can lead to profit and success.